More than ever before, the European Investment Bank (EIB) has to step up its climate finance game.
EU investments: voice of the public must be heard!
June 16, 2022 | Read more
Member States are currently making important investment decisions to address the multitude of crises we are facing. This money has the potential to transform our economy, yet the challenges to ensure it meets this potential are high. The EU’s unprecedented COVID-19 recovery package should be spent wisely and in a transparent manner. Yet it is for the moment far from open, and it is unlikely this will change any time soon.
CBAM’s coming, it’s time to put a price on carbon!
June 15, 2022 | Read more
Electricity* traded between Western Balkan countries** and the EU will need to embed the cost of CO2 in its final price, potentially from as early as 2025.
On the (long) road to recovery: Poland’s plan greenlit
June 14, 2022 | Read more
Poland’s recovery plan has finally been endorsed by the Commission after over a year of negotiations. Despite multiple declarations from government officials that talks would finish quickly, the plan worth EUR 35 billion was put on hold for an extended period of time because of the Commission’s concerns about the rule of law in the country. Is Poland’s recovery plan a wasted opportunity? Not necessarily, but it is not a fully-used one, either.
27 representatives of Ukrainian and international NGOs sent an open letter to Ursula von der Leyen, president of the EU Commission. In the letter, they call for the integration of accountability and transparency, wider participation in decision-making, and incorporation of the green principles within Ukraine’s reconstruction process.
The 2022 EBRD Annual Meeting was held in the city of Marrakesh, Morocco. Although taking place far away geographically, the topic of Ukraine dominated the agenda. Will the EBRD ensure its funds for the country’s reconstruction are used in the most efficient, green and inclusive way?
